HomeMy WebLinkAbout01-16-14 - Signed MinutesMINUTES
CITY OF RENTON
January 16,2014
Denis Law, Mayor
Terri Briere, Council Finance Committee Chair
(Substitute: Marcie Palmer, Council Finance Committee Vice -Chair)
Bonnie Walton, City Clerk
Ray Barilleaux, Fire Department Representative
Bruce Phillips, Fire Department Representative
Chuck Christensen, Fire Department Alternate
The regular meeting of the Firemen's Pension Board was called to order by Terri Briere, Council
Finance Committee Chair, at 2:00 p.m. in the Mayor's Conference room, 7th floor of Renton
City Hall. In attendance were Board members Terri Briere, Ray Barilleaux and Bruce Phillips.
Also present was Sandi Weir (for Bonnie Walton) and Jill Masunaga, Finance Department
Representative.
MINUTES APPROVAL
MOVED BY BARILLEAUX, SECONDED BY PHILLIPS, THE PENSION BOARD APPROVE THE MINUTES
OF THE NOVEMBER 21, 2013 MEETING. CARRIED.
CORRESPONDENCE
Per memorandum from Jason Seth regarding term expiration of Board member Bruce Phillips,
board members reported that an election is in process and results will be submitted to the City
Clerk at a later date.
MONTHLY STATEMENT
The financial report for November 30, 2013, and a draft financial report for December 31, 2013
were presented and reviewed. Total cash/investment balance as of December 31, 2013, was
$4,790,246.57.
MONTHLY BILLS AND PENSION PAYMENTS
MOVED BY BARILLEAUX, SECONDED BY PHILLIPS, THE BOARD APPROVE THE PENSION
PAYMENTS FOR DECEMBER 2013 AND JANUARY 2014 IN THE AMOUNTS OF $15,270.11 AND
$16,019.03 RESPECTIVELY, WHICH INCLUDES A 1.0% COST OF LIVING INCREASE EFFECTIVE
JANUARY 1, 2014. CARRIED.
ADJOURNMENT
MOVED BY BARILLEAUX, SECONDED BY PHILLIPS, THE MEETING OF THE FIREMEN'S PENSION
BOARD BE ADJOURNED. CARRIED. Time: 2:16 p.m.
Sandi Weir, Records Management Specialist
Acting Secretary, Firemen's Pension Board Next Meeting: March 20, 2014